22 May 2019

Cryptomathic's subsidiary, Aconite Technology Ltd, is proud to announce that Discovery Bank, a new digital-only challenger bank launched by Discovery Central Services Limited, the leading South African insurance and financial services provider, has started issuing and processing EMV debit and credit cards using Aconite Technology’s EMV solution suite. This initiative is part of Discovery’s expansion from a predominantly insurance-based business to a fully-fledged banking provider regulated by South Africa’s Reserve Bank.